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Gs 7 De Mayo Group
In this Group: Paula Petrona, Maria, Mariana
Paula is a very hardworking woman who is dedicated to her work. She lives with her husband and has three children who are now adults and help her out economically.

Paula has a business in a neighborhood in south Honduras. For more than 15 years now she’s been a grocer.

Paula needs the loan to buy chicken, meat, dairy products, soft-drinks, corn, beans, sugar and others. The loan will help her have fresh capital to invest since she works with loans because she sells on credit in her store.

Paula’s dream is that her business will be more stable so that she can earn more income and have a better life.

Mariana has sold meat and groceries in the Guasaule customs for more than 14 years; she currently lives with her husband and María has been selling fruit and vegetables for more than 15 years and is the mother of three children; she lives with her husband at present.

Choluteca, Honduras - July, 2012
View original language description ↓
Doña Paula es un Señora muy trabajadora dedicada a su trabajo, y vive con su esposo, tiene 3 hijos los cuales ya son mayores de edad y le ayudan en la parte económica.
Doña Paula tiene su negocio en una colonia en el sur de Honduras. Desde hace mas de 15 años. Se dedica a su negocio pulpería.
Doña Paula El préstamo lo necesita Para la compra de pollo, canes, lácteos, refrescos, maíz, frijoles, azúcar y otros. Este crédito le ayudara ya que tendrá capital fresco para invertir ya que trabaja con créditos, ya que ella da créditos en su negocio.
Los sueños de Doña Paula es hacer que su negocio sea más rentable y de esta manera agenciarse de más fondos para tener una mejor vida.
Doña Mariana se dedica a su negocio venta de carne y pulpería, en la aduana de Guasaule desde hace más de 14 años y actualmente vive con su esposo
Doña María se dedica a la venta de frutas y verduras desde hace mas de 15 años madre de 3 hijos y actualmente vive con su esposo.
Choluteca, Honduras - Julio del 2012

Additional Information

Prisma Honduras, S.A.

This loan is administered by Prisma Honduras. Prisma is one of Kiva's first field partners in Central America and has funded over 2,500 entrepreneurs through Kiva since 2008. Prisma funds smaller than average loans for micro-entrepreneurs to help them grow businesses in urban and rural areas. To improve living conditions in Honduras, the organization strives to empower women who lack access to traditional financial services, and promotes solar panels to deliver clean, affordable electricity to rural areas. Through its four branches in southern and central Honduras, Prisma provides access to financial products to some of the poorest and most isolated communities in the country.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,800
    Average annual income
  • 82
    View loans »
    Honduras Loans Fundraising
  • $8,845,600
    Funds lent in using Kiva
  • 19.5
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of Gs 7 De Mayo Group's $2,275 loan helped a member to buy chicken, meat, dairy products, corn, soft-drinks, corn, beans, sugar and others.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Sep 4, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013